According to the United Nations, What Is the Global Distribution

question 54

Multiple Choice

According to the United Nations, what is the global distribution of wealth and income?

• A) Half of the planet's wealth is held by 2 percent of the world population, and 75 percent of the world total income is received by 20 percent of the population.
• B) Seventy-five percent of the planet's wealth is held by 2 percent of the world population, and half of the world total income is received by 20 percent of the population.
• C) Half of the planet's income is received by 2 percent of the world population, and 75 percent of the planet's wealth is held by 20 percent of the population.
• D) Twenty percent of the planet's wealth is held by 75 percent of the world population, and 50 percent of the world total income is received by 2 percent of the population.

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Definitions:

Patent Amortization

The gradual expense recognition of a patent's cost over its useful life, reflecting the consumption of the patent's economic benefits.

Quality Of Income Ratio

A ratio that measures the proportion of income generated from the core operations of a business.

Operating Assets

Assets used by a company in its daily operations to generate income, including machinery, buildings, and equipment.

Revenue Recognition

The accounting principle that determines the specific conditions under which income becomes realized or earned as revenue.